Over the next one to five years, artificial intelligence is expected to displace millions of American workers, triggering a historic shift in the labor market. A leading AI executive warns that up to half of all entry-level white-collar jobs—roles in finance, tech, law, consulting, and administration—could vanish. If realized, this disruption could push unemployment to 10–20%, reshaping the economic landscape and widening inequality.
At particular risk are young professionals, especially those under 30, whose early career roles often involve routine, automatable tasks. These positions serve as essential stepping stones to more advanced opportunities, but AI is rapidly rendering them obsolete. As companies adopt systems capable of coding, analyzing data, and even drafting legal briefs, the need for junior staff is diminishing.
Despite the scale of the threat, many in government and business remain disengaged. Policymakers show little urgency, while corporate leaders hesitate to acknowledge the risks. This lack of preparation could leave millions blindsided by a sudden wave of job losses.
Meanwhile, AI’s capabilities continue to advance. The same tools that promise breakthroughs in health care and explosive economic growth may also concentrate wealth and power, while sidelining entire categories of workers. If 20% of Americans find themselves jobless amid economic expansion, society may face deep fractures between those who benefit from AI and those it leaves behind.
Source: Axios
I see this article mentions the “could” and “may” of AI—-and is written to scare instead of offer a discovery or explanation of what is happening . AI is a helper. Not a replacement. I have been assisting in formulating AI to help with mundane tasks in various fields. (Communication & counseling, mainly.) AI is creating more jobs than it’s replacing, especially in tech, data, and creative fields. Human skills like empathy, judgment, and adaptability remain irreplaceable by AI. The human is not being replaced and remains relevant. Reskilling and learning to work with AI are crucial for future job… Read more »